(VOVworld) – Vietnam earned nearly 40 billion USD from exports in the first quarter of this year, up 7% from a year ago, while import turnover totaled 37.5 billion USD, a year-on-year increase of 16%. According to Vietnam’s General Department of Customs, key export commodities were telephones and components, which earned 6.7 billion USD, followed by computers, spare parts, and footwear.

Telephones are among Vietnam's key export commodities. (Photo: VNA)

In the first quarter, heavy industry and minerals generated 16.4 billion USD, accounting for 46% of total exports.

The EU was Vietnam’s top customer at 7 billion USD, followed by the US, the Republic of Korea, ASEAN, China, and Japan.